Indian telecom service providers' hopes to get relief from paying levies on adjusted gross revenue might get dashed on the Union finance ministry's revenue concerns, according to two senior officials close to the discussions. AGR is the revenue telecom operators earn from their core services, such as mobile and internet services, and licence and USO fees are charged on it. …
Budget Expectations: Ahead of the Budget 2022 session, telecom operators, among many others, have sent its recommendations to the central government regarding its demands. The telecom operators, which include leading companies, have asked the government for a refund of input tax credit, or ITC, of around Rs 35,000 crore as per reports. According to pre-Budget recommendations of telecom industry body …
